N.D. Cent. Code § 26.1-10.2-08
Current through 2024 Legislative Session
Any insurer failing, without just cause, to timely file the own risk and solvency assessment summary report as required in this chapter, after notice and hearing, shall pay a penalty of one thousand dollars for each day's delay. The commissioner may reduce the penalty if the insurer demonstrates to the commissioner the imposition of the penalty would constitute a financial hardship to the insurer.
N.D.C.C. § 26.1-10.2-08